Fed independence ‘hangs by a thread.’ What that might mean
WASHINGTON — President Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists…
What it could mean for the Fed to lose its independence
WASHINGTON (AP) — President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has…
The housing market is no longer a wealth-building engine as home price slump
High home prices and mortgage rates have created unaffordable conditions for many Americans, but the housing market’s ability…
De minimis tariff dodge ending means less purchasing power for Americans
The de minimis exemption—a tariff loophole that for years made millions of direct-to-consumer imports duty free—is gone, and…
Fed’s preferred inflation gauge stays flat in another boost for rate cut hopes
The Fed’s preferred inflation gauge came in as economists expected for July – but major companies this week…
Why Chinese tourism to US is still rising despite Trump: ‘hard to replicate’
When Gao Huasheng, a university professor from Shanghai, began planning a two-week family holiday to San Francisco earlier…
Economists see slow US growth, stubborn inflation well into 2026
Economists anticipate ho-hum US economic growth for the remainder of the year and well into 2026, with steady,…
US stocks pull back from their records
Wall Street closed out another winning month Friday, even as stocks gave back some of their recent gains,…
Consumers Pare Back Spending in July Amid Inflation Woes
All eyes were on the latest Personal Consumption Expenditures data Friday (Aug. 29) as a read-across for when…
Record Tourism & Low Gas Prices
Posted on Friday, August 29, 2025 | by Alan Jamison | 17 Comments | Print As Americans head…
September is usually a risky month for markets | Business
September into mid-October has historically been a dicey period for equities overall. Of course, history doesn’t mean much…
PCE inflation report July 2025:
Inflation edged higher in July, according to the Federal Reserve’s preferred inflation measure, indicating that President Donald Trump‘s…